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20130125
Search Results 0 to 11 of about 12 (some duplicates have been removed)
of state and what he means to obama foreign policy. we will be talking to a man who put the fate of the keystone pipeline and the fate of the president's hands. we have dave heineman with his approval to give president obama a second chance. we begin with the obama party is campaign to ban assault weapons. they not only want to ban assault weapons but certain handouts. for more on what the democrats are trying to do to our second amendment rights, we bring in shannon bream. reporter: senator dianne feinstein acknowledges that it will be an uphill battle. this new measure would ban the sale and manufacture and transfer and importation of 157 specific garments, along with a broader group of other guns that will meet at a lower threshold for being classified as an assault weapon is the sale and transfer and gifting of anything classified as an assault weapon. >> no weapon is taken from anyone. the purpose is to try up the supply of these weapons over time. therefore there is no sunset on the spell of. reporter: the children in the newtown, connecticut, massacre would likely still be
't be any more. kicked off the state's last night after bashing the president's foreign policy. here is just a bit of what happened. ♪ lou: i thought that was a rather -- went on for more than 30 minutes. thirty minutes. what he said or how long he took to say it. lupe fiasco has made headlines before. not two years ago he called the present the biggest terrorist. is sort of makes you wonder why he was invited to begin with. i thought it was kind of a catchy tune. up next in a gas prices and the national debt of nearly doubled. more than 20 million people remain out of work. what story? the "a-team" rejoins us or, if you will, an analysis of this administration first and second term prospects. monica crowley, michael goodwin, judith miller are back. stay with us. ♪ lou: well, i hate to break up the inaugural party with the fact that we realized that a number of americans have died along with a nuber of others in that hostage siege in algeria. we are back. monica crowley is here, as is judith miller and michael goodwin. i want to start with you. this is another raw, open wound on this adm
? >> government, should provide for defense, and foreign policy that is noninterventionist and stays out of the affairs of the rest of the world. neil: you are like a libertarian. >> in that regard i am, look at last 40 years it has ban a fiasco, vietnam, you have to be kidding me. and it needs to be shrunk, and social chunks, supported -- social insurance, is which are vidother side of the spending problem. if we don't get at military industry complex, and social insurance we're kidding ourselves, the deficits will grow. neil: then what. i don't see anything being done. >> i think that is why i say the budget is a doomsday machine, we face a permanent fiscal cliff of 8% gdp gap. i see a constant political battle, every year there will be a deb debt ceiling crisis. neil: what do you think of the president? >> you know you can't have a dictate adictatorship, you havea bad blow up in financial markets. neil: is that coming? >> i do think so, a blame bernanke more than anybody else for the mess, when he said you can borrow money for 3 years to pay federal deficit at 30 basis points that is
's inaugural inaugural, it is obvious that have a checklist -- took list of issues to mention. foreign policy, gay-rights, and did briefly mention education. >> no single person can trade of the single math and science teachers read for the future. we must harness new ideas to revamp the tax code and reform our schools and empower citizens with the skills they need to work harder and reach higher. lou: he did not actually say education but he did mention the word reform. he wants to change everything. if you believe the data the federal education department puts out you may think there is no need it only reflected the reality. the education department is a giddy that shows high-school graduation rate is 78-point to%. 70-point to% that is a 35 year, and not a high but the best this report, think about it. 21% is not getting it done. the education department also notes, about this, the national dropout rate is 3 percent overall down from 4% last year. are you kidding me? if only 78.2% are getting it done how does that end up at 3%? new mask? federal math? political math. is a joke not funny bro
to foreign policy and national security thing was his comment on the fact that we don't have to live with perpetual warfare for lives in decades. that could turn out to be one of the most important parts of the speech. we have national security and the defense budget, which i think is wildly out of control. it is a kind of old war budget for a very different era. and i hope that the president and the administration and republicans as well as democrats will take a good look at that. neil: did he miss an opportunity to do so? i know all about broad visions any spell out some of the details, but this was an opportunity to say that i see the magnitude of our debt. i see the magnitude of our problems. i am not oblivious to this. i want us all to join hands and look at ways to mutually get this down to size without dividing our social classes. i don't know if that opportunity was seized on appropriately enough today. >> well, i think it was a different kind of speech. but this is a president who has cut spending. he wants to cut more. i wish i could see that desire on a partisan basis, esp
around a long time. at the end of the day, the foreign policy will come out of the white house. >> i think there is some truth to that. treasury policy will be run out of the white house. the president will have a strong partner. and articulate partner with a reputation for pushing a hard bargain. jack lose primary role here will be to pushing for that. dagen: jack lew may be staring at a sudden unexpected spike in interest rates. >> that is why it is interesting they chose someone with no expertise. it could come back to haunt them. i do not think that will be his role. his role will be the press. if he cannot succeed, then to push for the 2014 elections. connell: they do not know that much about her. what should they know? >> she deserves high marks for her prosecution for the first world trade center bombing. george bush capper on for a while. she deserves high marks for that. [talking over each other] >> it was a pretty strong case. it was a less than vigorous prosecution of teamsters. she took some hits for that. it will be more of the same. her predecessor, mary schapiro, was k
of their foreign exchange policy for their own self-interests. but no, i don't see this as a long-term shift towards currency management, towards fixed exchange rates. >> okay. jim, i have a question for you, how does the japanese yen fit into all of this? it is in the news all the time because of the bank of japan and everything they are doing to ease monetary policy, stimulate the economy, what are your thoughts on the yen? >> it's a great question. the japanese yen is the exception to almost everything. the u.s. policy is to cheapen the dollar against all major trading partners, taiwan, korea, china, europe and the rest. japan is an exception. number one, they need the help. they need some help. number two, and they have nothing else going for them, lousy demographics, high debt to gdp etc. the other reason is they have now become the buyer of last resort of treasuries. it used to be china's job, but china is reducing its net purchase of treasuries. if you notice, japan is increasing them. the fed is kind of cutting japan a break saying hey we will let you cheapen against the dollar as lo
. they do plan to cut jobs about 2% of the workforce. that is 630 jobs worldwide. they talk about foreign exchange revenue. and that did post a steep decline. overall certainly a winning day for state street. back to you. melissa: nicole, thanks so much. ashley: the federal reserve releasing transcripts from closed-door policy meetings from 2007. interesting reading at least. it sheds light what they knew as we headed into recession. peter barnes with more on that. peter. >> ashley, most of them did not know how bad all of this was going to get. that's clear from reading these minutes just released today from five years ago but a couple of fed officials thought it could get really bad. you remember that year, 2007, the subprime mortgage crisis hit. the housing bubble popped. the credit markets got tight and at the fomc meeting on september 18th that year, one new york fed official predicted that the subprime crisis could cost banks 100 billion to $200 billion. we know though that washington eventually ended up investing 245 billion in banks through the tarp bailout. the fed was also forec
Search Results 0 to 11 of about 12 (some duplicates have been removed)